London, 19 December 2014 – TechNavio, a tech-focused research firm, has published a new report on the Global Voice Over Mobile Broadband (VoMBB) Market, which is expected to grow significantly and post a CAGR of 101.23 percent from 2013-2018.
VoMBB is defined as end-to-end connectivity for standard mobile phone calls over a mobile broadband network such as Wi-Fi, LTE, and HSPA.
The VoMBB Market is growing in tandem with related networks like VoLTE. To satisfy the growing needs of consumers, fast internet connections and broader bandwidth are achieved through VoLTE. This is the reason that VoLTE subscriptions are expected to proliferate in the coming years.
“With an increase in VoLTE subscriptions, telecom operators are making huge investments in the deployment of VoLTE, which is expected to foster the growth of the Global VoMBB Market during the forecast period,” says Faisal Ghaus, Vice President of TechNavio.
In addition, Voice over HSPA (High Speed Packet Access) is picking up pace in the market. This network supports high-quality audio, reduces costs per subscriber, provides improved spectral efficiency and also helps save power. Therefore, VoHSPA forms an essential part of VoMBB and is expected the boost overall market growth through the projected period.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
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